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Missouri sued CoinFlip, alleging its cryptocurrency ATMs were used in widespread consumer fraud schemes and charged excessive fees.

#policy #crime #regulation #legal #asian regulation #international policymaking #asian parliaments #crypto-scams

A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.

#policy #ofac #cambodia #international policymaking #crypto-scams

Over 500 "fraudulent web domains used to perpetuate cryptocurrency investment fraud" were also seized, OFAC said.

#markets #bitcoin #tether #security #stablecoins #iran #token projects #crypto ecosystems #united-states #crypto-scams

Greek maritime risk firm MARISKS warned shippers of fraudulent Hormuz transit demands paid in bitcoin or USDT, according to Reuters.

#policy #crime #security #legal #phishing #crypto ecosystems #u.s. policymaking #international policymaking #secret-service #crypto-scams

The U.S. Secret Service is participating in a multinational operation targeting crypto approval-phishing scams.

#policy #crime #security #legal #anti-money laundering #china #pig butchering #crypto ecosystems #u.s. policymaking #united-states #crypto-scams

U.S. officials said they froze and seized roughly $580 million in cryptocurrency linked to Chinese scam networks targeting Americans.

#policy #crime #security #australia #legal #anti-money laundering #australia crypto #crypto ecosystems #crypto-scams

Australian police have charged a 42-year-old man over his role in an alleged $3.5 million crypto scam targeting 190 elderly victims.